For us, D&I isn’t just about the people who work for us or the culture we create, it’s also about the impact we have across the country through our supply chain and the places we develop, build and manage.

To deliver on our ambitions, we’ve set 32 D&I targets aligned to each theme within our D&I strategic pillars — Diverse Talent, Inclusive Culture, Inclusive Places and Our Foundations. This section includes a summary of our performance against those commitments and our key disclosures.

We will provide updates on our progress each year and where necessary will set further more challenging targets if we meet our existing commitments and targets earlier than planned.

Our diverse talent targets

Diverse leadership

Targets

40:40:20* 2030 gender targets at Board, Executive, Senior Leader and Leader levels.

Representative Ethnic minority representation targets:

  • Board 20%
  • Executive (ELT) 20%
  • Senior Leader 18%
  • Leader 18%

*Our 40:40:20 gender diversity targets mean that we will have a minimum of 40% women and 40% men in the relevant population. 20% is flexible accounting for the small headcount within these teams and diversity beyond the gender binary.

Performance

New target – performance to be reported next year

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Diverse workforce

At least 50% of participants on talent development programmes (including Shadow Boards) are female and/ or from an ethnic minority background (each year, from 2023)

New target – performance to be reported next year

Diverse future talent

Provide bursaries for at least 5 students from underrepresented backgrounds each year (from 2023)

Provide at least six internships for talent from underrepresented backgrounds each year (from 2023)
 

New target – performance to be reported next year

Our inclusive culture targets

Inclusive leadership

Targets

Inclusive leadership behaviours are assessed in all recruitment and appointments at senior leader level and above (from 2023)

Every ELT member will have participated in reverse mentoring with talent from underrepresented backgrounds (2024)

The 'Landsec Way' of Leadership setting out behavioural expectations is in place and embedded in our performance assessment process (by 2024)

Performance

New target – performance to be reported next year

Employee engagement

Deliver an inclusive workplace culture, evidenced by annual increase in Inclusion Index (employee engagement survey) scores for underrepresented groups from 2023 baseline

Reduce any differentials in Inclusion Index scores for minority groups from 2023 baseline
 

New target – performance to be reported next year

Training and ongoing learning

75% of our people to complete mandatory D&I training within 12 months of launch (by 2025)

Provide minimum quarterly D&I learning opportunities for Landsec colleagues (annual, from 2023) 
 

New target – performance to be reported next year

Our inclusive places targets

Procurement and supply chain

Targets

Include relevant D&I criteria in every tender process (from 2023)

Identify key D&I procurement KPIs and report against them annually (from 2024)
 

Performance

New target – performance to be reported next year

Development

Create and publish Inclusive design principles to be applied to all new developments (2024)

Apply Inclusive Design principles to all new developments (from 2024)

Apply Community Charter to all new developments (annual, from 2023) 
 

New target – performance to be reported next year

Operations

Assess and implement initiatives to ensure all our assets are accessible and inclusive by 2030 (Build Well, Live Well, Act Well target)

Facilitate the opportunity for a minimum of 3 small businesses and 3 voluntary organisations to benefit from a Landsec "platform" in each centre per annum (annual, from 2023)
 

New target – performance to be reported next year